Airbnb, Inc. $ABNB Shares Acquired by Nemes Rush Group LLC

Nemes Rush Group LLC boosted its holdings in Airbnb, Inc. (NASDAQ:ABNB) by 72.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,564 shares of the company’s stock after acquiring an additional 5,299 shares during the period. Nemes Rush Group LLC’s holdings in Airbnb were worth $1,663,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in ABNB. Kentucky Trust Co purchased a new stake in shares of Airbnb in the second quarter valued at about $25,000. E Fund Management Hong Kong Co. Ltd. lifted its stake in Airbnb by 70.9% in the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 200 shares of the company’s stock valued at $26,000 after buying an additional 83 shares in the last quarter. Concord Wealth Partners purchased a new stake in Airbnb in the 2nd quarter valued at approximately $28,000. Whipplewood Advisors LLC grew its holdings in Airbnb by 235.3% during the 2nd quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock valued at $30,000 after buying an additional 160 shares during the last quarter. Finally, Armstrong Advisory Group Inc. increased its position in Airbnb by 363.6% during the second quarter. Armstrong Advisory Group Inc. now owns 255 shares of the company’s stock worth $34,000 after buying an additional 200 shares in the last quarter. 80.76% of the stock is currently owned by hedge funds and other institutional investors.

Airbnb Stock Up 2.4%

Shares of ABNB opened at $114.26 on Friday. Airbnb, Inc. has a fifty-two week low of $99.88 and a fifty-two week high of $163.93. The company’s fifty day moving average is $122.52 and its two-hundred day moving average is $128.46. The firm has a market cap of $70.33 billion, a PE ratio of 27.14, a price-to-earnings-growth ratio of 2.01 and a beta of 1.11.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings data on Thursday, November 6th. The company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.10). The firm had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.08 billion. Airbnb had a return on equity of 32.14% and a net margin of 22.03%.The company’s quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.13 earnings per share. Airbnb has set its Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that Airbnb, Inc. will post 4.31 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on ABNB shares. Sanford C. Bernstein restated an “outperform” rating and issued a $165.00 price objective on shares of Airbnb in a research report on Friday, November 7th. KeyCorp began coverage on shares of Airbnb in a research note on Thursday, October 23rd. They set a “sector weight” rating on the stock. Zacks Research upgraded shares of Airbnb to a “hold” rating in a report on Tuesday, August 12th. Citizens Jmp raised shares of Airbnb to a “hold” rating in a research note on Monday, August 11th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Airbnb from $120.00 to $130.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, Airbnb presently has an average rating of “Hold” and a consensus price target of $143.31.

Insider Activity

In other Airbnb news, CFO Elinor Mertz sold 12,184 shares of Airbnb stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $127.65, for a total transaction of $1,555,287.60. Following the transaction, the chief financial officer directly owned 444,070 shares of the company’s stock, valued at $56,685,535.50. The trade was a 2.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Joseph Gebbia sold 236,000 shares of the business’s stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $123.57, for a total transaction of $29,162,520.00. Following the sale, the director owned 940,015 shares of the company’s stock, valued at approximately $116,157,653.55. This represents a 20.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,444,514 shares of company stock valued at $178,333,882 in the last three months. Corporate insiders own 27.91% of the company’s stock.

About Airbnb

Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.